According to the public record, 13, Railway Terrace, Blyth is a period leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Railway Terrace, Blyth, NE24 is located within the NE24 postal district.
13, Railway Terrace, Blyth has a single entry in the Land Registry database from June 2019 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Railway Terrace Blyth as £39,940 and the rental value as £300 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 13 Railway Terrace Blyth has increased by £525 (1.3%) and its rental value has increased by £25 per month (8.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 13, Railway Terrace, Blyth is in very good condition we estimate a sale value of £41,937 and rental value of £315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £37,144 and a rental value of £279 per month.
If you were able to purchase this property for the estimated value of £39,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £196 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 13, Railway Terrace, Blyth was last sold on 28 Jun 2019 for £30,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Railway Terrace, Blyth within a radius of 493m over the last 2 years.
The most recent example is 6, Dean Court, Blyth, NE24 5BD, a Leasehold flat which sold for £32,500 in Jul 2019.
Read more about house prices in NE24.
Railway Terrace, Blyth, NE24 has a total of 6 addresses. According to our analysis of all the public data, 13, Railway Terrace, Blyth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in NE24.
13, Railway Terrace, Blyth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 13, Railway Terrace, Blyth is Newsham station which is 2.4 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Railway Terrace, Blyth, 45.6% of property is privately rented and 26.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 13, Railway Terrace, Blyth, 15.3% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Railway Terrace, Blyth, the average age was 42.5 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 13, Railway Terrace, Blyth, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 13, Railway Terrace, Blyth, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.